Jerome Powell

Jerome Powell (4 February 1953-) was Chair of the Federal Reserve from 5 February 2018, succeeding Janet Yellen.

Biography
Jerome Powell was born in Washington DC in 1953, and he served as a legislative assistant to US Senator Richard Schweiker from 1975 to 1976. He moved to New York City in 1979, becoming a lawyer and later vice-president of the Dillon, Read & Co. investment bank. From 1992 to 1993, he served as Under Secretary of the Treasury for Domestic Finance, and he returned to the public sector as a member of the Federal Reserve Board of Governors from 2012. In 2018, Donald Trump appointed him Chair of the Federal Reserve, but, in August 2019 - as the United States neared another recession due to the escalation of the US-China trade war - Trump blamed the situation on Powell.